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Nome

Learn about the people, housing, costs and businesses in Nome, North Dakota

Median Home$173,000
Median Rent$800/month
Population52
Leading IndustriesRetail · Arts, Food & Hospitality · Healthcare19% retail
Home Value Growth-1.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners95% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Nome
ND

Frequently Asked Questions

What are today's mortgage rates in Nome?

As of today, the 30-year fixed mortgage rate for Nome is approximately 6.937% (6.974% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Nome?

The median home value in Nome is $173k. The median monthly rent is $800. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nome?

Home values in Nome have decreased 1.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Nome?

Based on a typical all-in ownership cost of $758/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nome is $80k/year.

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What industries drive the economy in Nome?

The largest employment sectors in Nome are public administration (23%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.